Came across an absentee owner/abandoned 2 bed 1 bath a couple weeks ago. Did our research, then had a showing today.I am not exaggerating when I say this property is a sh*t box. .25 acre corner lot....thats about all ...
Hi I am fairly new to this forum and new to real estate investing. I would appreciate some advice about how to price the market in Somerset County. In particular I m interested in a new build of 2 single homes in adja...
Hello BP, I am looking for a general contractor to walk properties with me to determine a rehab estimate. My current contractor is out a couple months with an injury and I need someone who can meet me at properties wi...
I an considering buying a 3 floor 3600 sqft property in the Boston area. It will need a gut rehab. I aim to convert it to condos (property has 3 units).
While doing my bottom up cost estimate, I would like to do a se...
Hi all-Looking to purchase my first property and want to add some equity by rehabbing. Goal is long term rental. I'm struggling to find good tools/strategies/professionals to help ballpark the rehab costs so I can m...
Have never sold a property but I get offers quite a bit. Most claiming to cover closings costs/sellers cost. Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property? I have hea...
When going to Home Depot, Lowe’s, etc. to find out the repair estimate for a fix and flip. What are some good questions to ask? Who do you talk to at the store to get the answers? This is for all types of properties. ...
Hello BP,
What are the estimated closing costs for a rental house?
The house pruchase price is $105,000 and the loan will be conventional.
I think that 4% its a good number to use.
What are your thoughts?
Thanks
I'd like to know how estimate the cost of improving raw land by building roads and extending utilities. Is there any way to get a ball park idea for this without engineering documents to generate a quote from an exca...
If you have hired a specialist to perform a cost segregation study of your real estate property, they will likely use one of the six most common methodologies recognized by the IRS. These methods include:
Detailed E...